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BOARD OF GOVERNORS OF TEE FEDERAL RESERVE SYSTEM
G.7.1|.2

FOR IMMEDIATE RELEASE
AuguHg^a.
MONTHLY DEPARTMENT STORE STOCKS
"(Based on r e t a i l d o l l a r amounts)

eW
k

15
98

S^iB»
f
Otf

AUG 4 1958

Department s t o r e stocks i n June i n c r e a s e d from t h e May
l e v e l but remained c o n s i d e r a b l y below t h e y e a r e a r l i e r l e v e l
a f t e r allowance f o r t h e u s u a l s e a s o n a l change. The s e a s o n a l l y
a d j u s t e d index f o r June i n c r e a s e d t o an e s t i m a t e d llt8 p e r cent
of t h e 19U7 -1*9 average compared w i t h 14U f o r May and 153 f o r
June a y e a r ago.
index numbers
(Average end-of-month s t o c k s 19U7-U9 = 100)
Unadjusl)ed
Seasonally adjusted
~1957
1958
1958
1957
May
June
June
June
May
June

Federal Reserve
District
Boston
New York
Philadelphia
Cleveland

1
2
2
- 1

130
129
rl46
129

+
+
+

120

135
136
rl55
rl31

18U
198
1U6
151

160
pl8l
134
138

170
193
137
140

170
188
1U2
1U1

+
+
+

h

rl33
1U6
16U
152

1U5
159
176
159

128
plU6
156
Pl50

rl32
1U8
163
151

136
153
161+
rl52

i a

153

plliO

1U6

II46

135
136
155
126

133
133
rl52
rl28

138
137
rl57
136

Richmond
Atlanta
Chicago
S t . Louis

173
P191
138
1U9

169
191
133
1U0

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

136
Pl52
168
P157
plU8

United S t a t e s

Percentage
change June (i
1958 from ""
Month I T e a r
ago 1 ago

126
127*

lhb

-

2
0

- 6

6

- 5
- 2

+
+
+
+

3

- 6

+

2

k

2
3

-

.

'v




•> -1
"

h

-

h
h

-

h

-

- 1

* Based on s e a s o n a l l y adjusted indexes.
p—Preliminary.
r—-Revised.
Note:—Indexes a r e based on value of s t o c k s a t end of month. For d e s c r i p t i o n and
monthly indexes f o r t h e p e r i o d January 19U7 t o October 1957 see F e d e r a l Reserve
B u l l e t i n f o r December 1957> p p . 1323-1352. Indexes p r i o r t o 19kl may be obt a i n e d from t h e D i v i s i o n of Research and S t a t i s t i c s . Indexes f o r t h e most
r e c e n t t h i r t e e n - m o n t h p e r i o d a r e shown r e g u l a r l y i n t h e B u l l e t i n .
t;

3
1
1
7